SLN Function

Returns the straight-line depreciation of an asset


Description

The function SLN returns a value specifying the straight-line depreciation of an asset for a single period.


Syntax

SLN (Cost, Salvage, Life)

Required Parameters

Cost

The initial cost of the asset.


Salvage

The value of the asset at the end of its useful life.


Life

The length of the useful life of the asset.